CyberTech Q1 FY27: consolidated PAT up 16% YoY to ₹9.48 Cr as revenue grows 17.6%, margins steady

On a consolidated basis, CyberTech Systems and Software's Q1 FY27 (quarter ended June 30, 2026) revenue from operations rose 17.6% YoY to ₹68.45 Cr (₹58.19 Cr in Q1 FY26) and 9.8% QoQ (₹62.33 Cr in Q4 FY26). Consolidated PAT grew 16.0% YoY to ₹9.48 Cr (₹8.17 Cr a year ago) and 34.1% QoQ (₹7.07 Cr in Q4 FY26), with basic EPS at ₹3.06 versus ₹2.63 YoY. Standalone PAT rose faster, +23.5% YoY to ₹5.94 Cr on standalone revenue of ₹44.02 Cr (+11.1% YoY) — the gap between standalone and consolidated PAT growth points to softer profitability at the wholly owned US/Canada operations even as their revenue scaled the group top line. No exceptional items or minority interest featured in either statement, and both the income and PBT-to-PAT arithmetic tie out cleanly. Margins were essentially flat, drifting marginally lower: consolidated net margin (PAT/total income) was 12.37% versus 12.53% a year ago, and operating margin (revenue less outsourced, employee and other opex) was 8.35% versus 8.48% YoY — both moves within ~15 basis points, so growth this quarter was revenue-led rather than margin-led. Employee benefits expense (₹37.34 Cr, up from ₹33.65 Cr YoY) and outsourced service costs (₹17.26 Cr, up from ₹13.97 Cr YoY) scaled roughly in line with revenue; other expenses rose faster (₹8.13 Cr versus ₹5.64 Cr YoY), the main drag on operating margin. The company carries no formal guidance or outlook on record, and a web search for Q1 FY27 previews turned up no analyst consensus estimates for this stock — vsGuidance and vsStreet are both unknown for this print (only the company's own post-results press coverage was found, not a pre-result estimate). The quarter's notable corporate action was the ₹14.45 Cr buyback (8.5 lakh shares at ₹170/share), concluded June 18, 2026 via the tender-offer route, which cut paid-up equity capital to ₹30.28 Cr from ₹31.13 Cr; the cash outflow (₹14.45 Cr plus ₹0.53 Cr transaction costs) was funded from free reserves, and the company's July 23 regulatory filing separately confirmed no deviation in use of these buyback funds. With the buyback concluded, subsequent quarters' EPS math starts from the reduced ~3.03 Cr share base. The key line to watch is whether the ~15bp YoY margin compression persists or reverses as outsourced/employee cost growth catches up with the revenue run-rate.